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Formalin is a known:
Single Life Annuity
An annuity that provides payments for the lifetime of the annuitant only, ceasing upon their death.
Annuity Contract
A financial product issued by an insurance company that offers fixed or variable payments to an individual, typically beginning at retirement.
Expected Return
The anticipated amount of profit or loss an investment is to generate over a specific time period.
SIMPLE Pension Plan
A retirement savings plan that allows employees and employers to contribute to individual retirement accounts (IRAs) setup for employees, typically suitable for small businesses.
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